Louisiana land owners have the opportunity to acquire residual income. Through a land lease option, they’ll receive a monthly fee for the use of their land. Oil and gas companies use the land to extract natural resources. Oil and gas litigation attorneys in Louisiana help these land owners to secure their land rights and access to this income.
Negotiating Rights for the Land Owner
Attorneys help the land owner negotiate rights for the use of their land. When they are approached by oil and gas companies, they need an attorney to help them acquire an appropriate deal. They assess a percentage of the oil or gas sales when they agree to let these companies use their land, and will receive a contract that solidifies these negotiation efforts. Once they secure the contract, the oil or gas company must provide them with compensation after sales.
Reviewing Zoning Issues with the Property
The land for these projects isn’t always located in a zone in which it is appropriate for the intended use. The attorney can negotiate with the county’s zoning board, which helps them get the property rezoned. After they accomplish these zoning requirements, the oil and gas companies can start their extraction projects. This will also help them acquire permits to start their project and erect apparatuses to extract the oil.
Guarantee a Smooth Transaction
Attorneys help land owners and guarantee a smooth transaction. They review the contract to ensure that the land owner receives a fair deal. They also push through all permits and contracts required to start this transaction. In addition, they help the land owner and these companies to avoid the red tape associated with these kind of land developments. Oil and gas litigation attorneys in Louisiana work with both parties to prevent delays and settle any disputes that may arise.
Louisiana land owners need additional protection to prevent oil and gas companies from taking advantage of them. Attorneys who manage contracts and acquisitions understand the requirements for these projects. This includes setting up fair land deals for land owners and preventing potential disputes. They secure the interests of both parties. Land owners who need help should contact oil and gas litigation attorneys in Louisiana, or visit website domain for more information.
